WASHINGTON - Aug 10/16 - SNS -- The weekly diesel price provides a proxy for trends in U.S. truck rates, according to the USDA.
Diesel fuel is a significant expense for agriculture commodity movements by truck, accounting for 37% of the estimated variable cost.
Retail On-Highway Diesel Prices to August 8, 2016 (US$/gallon) Change Change Region Location Price Week ago Year ago I East Coast 2.321 -0.033 -0.392 New England 2.378 -0.018 -0.469 Central Atlantic 2.412 -0.029 -0.420 Lower Atlantic 2.241 -0.038 -0.354 II Midwest 2.275 -0.029 -0.240 III Gulf Coast 2.184 -0.040 -0.303 IV Rocky Mountain 2.396 -0.023 -0.244 V West Coast 2.595 -0.035 -0.251 less California 2.454 -0.038 -0.252 California 2.707 -0.034 -0.253 Total U.S. 2.316 -0.032 -0.301
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